Bares Capital Management 13F holdings, Q2 2019
Holdings as of June 30, 2019 · filings on SEC EDGAR · latest filing →
Bares Capital Management disclosed 24 US equity positions worth $3.7bn in its Q2 2019 13F filing. The largest position was IBKR at 10.8% of the reported book, followed by IT and WDAY. Against the Q1 2019 filing, it opened 1 new position, added to 6 and reduced 8 among the top 24 holdings.
What did Bares Capital Management own in Q2 2019? Top 24 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2019 |
|---|---|---|---|---|---|---|---|
| 1 | IBKR Interactive Brokers Group Inc | Financial Services | 10.8% | $392.6m | 7,243,924 | 1% | added |
| 2 | IT Gartner Inc. | Technology | 10.4% | $379.7m | 2,359,185 | -0% | held |
| 3 | WDAY Workday, Inc. | Technology | 10.3% | $377.0m | 1,833,652 | 0% | held |
| 4 | CSGP CoStar Group | Real Estate | 8.1% | $296.3m | 534,750 | -3% | reduced |
| 5 | FAST Fastenal Company | Industrials | 7.7% | $282.8m | 8,677,098 | 94% | added |
| 6 | XYZ Square Inc | Technology | 7.2% | $262.3m | 3,616,765 | 542% | added |
| 7 | W Wayfair Inc | Consumer Cyclical | 6.7% | $242.8m | 1,663,326 | 4% | added |
| 8 | UA Under Armour INC CL C | Consumer Cyclical | 6.1% | $223.0m | 10,043,880 | -1% | reduced |
| 9 | TRIP TripAdvisor, Inc | Consumer Cyclical | 5.5% | $200.8m | 4,337,698 | -3% | reduced |
| 10 | National Instruments Corp. | 4.7% | $171.3m | 4,080,541 | -2% | reduced | |
| 11 | ESI Element Solutions Inc. | Basic Materials | 4.6% | $169.3m | 16,371,447 | 0% | held |
| 12 | BOX Box, Inc | Technology | 4.1% | $149.7m | 8,501,522 | 0% | held |
| 13 | PZZA Papa John's International Inc. | Consumer Cyclical | 2.3% | $83.8m | 1,872,812 | 0% | held |
| 14 | ALRM Alarm.com Holdings, Inc. | Technology | 2.1% | $78.1m | 1,460,378 | 0% | held |
| 15 | MIDD Middleby Corp | Industrials | 1.6% | $56.9m | 419,651 | -80% | reduced |
| 16 | Despegar.com Corp | 1.2% | $42.2m | 3,041,218 | 255% | added | |
| 17 | Cimpress NV | 1.1% | $39.2m | 430,811 | 13% | added | |
| 18 | Zuora Inc | 1.0% | $37.1m | 2,420,736 | – | new | |
| 19 | GWRE Guidewire Software, Inc. | Technology | 0.9% | $31.7m | 312,601 | -8% | reduced |
| 20 | ELF Elf Beauty Inc | Consumer Defensive | 0.8% | $30.8m | 2,183,273 | 0% | held |
| 21 | AKX Ansys, Inc. | 0.8% | $29.0m | 141,554 | -10% | reduced | |
| 22 | TYL Tyler Technologies, Inc. | Technology | 0.8% | $28.8m | 133,405 | -4% | reduced |
| 23 | ALGN Align Technology Inc. | Healthcare | 0.8% | $28.8m | 105,273 | -0% | held |
| 24 | SCOR comScore, Inc. | Technology | 0.5% | $16.5m | 3,190,831 | 0% | held |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.